The Urgent Need for Change and The Superior Path Forward slide image

The Urgent Need for Change and The Superior Path Forward

OUR PLAN TO CREATE ENORMOUS STOCKHOLDER VALUE PRIORITY #1 Immediate Strategic Revenue Opportunities Our slate has spent months developing a comprehensive plan that will enable us to deliver up to $25 per share in near-term value to long-suffering Synalloy stockholders PRIVET FUND UPG STRONGER TOGETHER ✓Utilize extensive experience to drive cross-selling opportunities across metals business units ✓Implement targeted sales tactics within the Chemicals Segment to increase volume and utilization PRIORITY #2 Operationally-Focused Gross Profit Enhancements 01. 02. 03. 04. 05. Our Plan To Strengthen Synalloy PRIORITY #3 Remove Non- Economic, Wasteful SG&A Spending ✔Unlock supply chain savings under coordinated logistics strategy ✓ Improve inventory management ✓ Realize manufacturing efficiencies ✓ Restructure plant-level accounting policies and incentive compensation ✓Eliminate non-essential, discretionary spending ✓Dramatically decrease support service costs ✓ Reduce bureaucracy and enhance culture of data-driven decision making 73
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